Wall Street Analyst: UPS got a cheap deal
April 25, 2014: Ken Hall promised, “The more they make, the more we take.” But Wall Street analysts say UPS will save $500 million in labor costs under the weak contract imposed by Hoffa and Hall.
TDU in Action at UPS
"UPS management is getting leaner and meaner. Supervisors are harassing members and pushing numbers, numbers, numbers. TDU's UPS Network is the best source of information to protect yourself, period."
Craig Karnia, Local 705, Chicago
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UPS Resources from TDU
April 25, 2014: Ken Hall promised, “The more they make, the more we take.” But Wall Street analysts say UPS will save $500 million in labor costs under the weak contract imposed by Hoffa and Hall.
The Teamsters Union has imposed the UPS Inc. small-package contract on all 235,000 unionized UPS employees despite repeated objections by several Teamster locals, including the largest in the UPS system.
A national Conference Call will be held on Saturday to discuss the imposition of the UPS contract by Hoffa and Hall, including concessionary supplements and riders that were overwhelmingly rejected by Teamster members.
UPS Inc. reported lower first-quarter income from a year ago, citing severe weather and higher expenses.
April 24, 2014: One day after the International Union announced it is imposing concessions on 13,000 UPS Teamsters, the company announced it made first quarter profits of $911 million.
The national union representing United Parcel Service Inc. employees overrode three local bargaining units that had delayed approving parts of a five-year national contract with the delivery company.
April 23, 2014: Hoffa and Hall have implemented the UPS contract, including concessionary supplements and riders that were overwhelmingly rejected by Teamster members.
The American workforce might want to pay attention to all those brown trucks full of cardboard boxes. UPS is using technology in ways that may soon be common throughout the economy.
April 16, 2014: The Louisville Worldport Air Supplement “final offer” from UPS management was rejected by a whopping 94% last week. That’s Teamster solidarity.
In the wake of a relentless grassroots labor-community solidarity campaign, UPS waved the white flag and agreed to rehire all 250 New York City drivers the company fired last month. The campaign united drivers, elected officials, and even UPS customers.